Common use of Money for Security Payments to be Held in Trust Clause in Contracts

Money for Security Payments to be Held in Trust. If the Corporation shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (if any) and interest on the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium (if any) or interest so becoming due until such sum shall be paid to such Person or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation shall have one or more Paying Agents, it will, on or prior to each date for the payment of the principal of or premium (if any) or interest on the Securities, deposit with the Paying Agents sums sufficient to pay the principal, premium (if any) or interest so becoming due, such sums to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; and, unless such Paying Agent is the Trustee, the Corporation will promptly notify the Trustee of its action or failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any Paying Agent to pay, to the Trustee all sums held in trust by the Corporation or such Paying Agent, such sums to be held by the Trustee, the Corporation or such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.

Money for Security Payments to be Held in Trust. If the Corporation Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Corporation shall have one Company or more any of its Affiliates is not acting as Paying AgentsAgent, it the Company will, on or prior to before each due date for the payment of the principal of or premium (of, premium, if any) , or interest on any of the Securities, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its such action or any failure so to act. For If the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purposeCompany is not acting as Paying Agent, the Corporation may at any time pay, or direct any Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (premium, if any) and , or interest on on, any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principalprincipal or premium, premium (if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying Agents, Agents it will, on or prior to each due date for the payment of the principal of or premium (if any) or interest on the on, any Securities, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principalprincipal or premium, premium (if any) , or interest interest, so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal or premium, if any, or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its action or failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it willshall, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever If the Corporation shall have one or more Company is not acting as Paying AgentsAgent, it willthe Company shall, before 10:00 a.m. New York City time on or prior to each due date for the payment of the principal of or premium (of, premium, if any) , or interest interest, on the any Securities, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium, or interest and (unless such Paying Agent is the Trustee, ) the Corporation will Company shall promptly notify the Trustee of its such action or any failure so to act. For If the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purposeCompany is not acting as Paying Agent, the Corporation may at any time pay, or direct any Company shall cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent shall:

Money for Security Payments to be Held in Trust. If the Corporation Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Corporation shall have one Company or more any of its Affiliates is not acting as Paying AgentsAgent, it the Company will, on or prior to before each due date for the payment of the principal of or premium (of, premium, if any) , or interest on any of the Securities, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its such action or any failure so to act. For If the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purposeCompany is not acting as Paying Agent, the Corporation may at any time pay, or direct any Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section 1003, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it will, on or before prior to the Business Day prior to each due date of the principal of or premium (and premium, if any) and or interest on any of the SecuritiesNotes, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure to so to act. Whenever the Corporation Company shall have one or more Paying Agents, it will, on or at least one Business Day prior to each due date for the payment of the principal of or premium (and premium, if any) or interest on the any Securities, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal (and premium, if any) or interest, and (unless such Paying Agent is the Trustee, ) the Corporation will Company shall promptly notify the Trustee in writing of its action or failure to so to act. For The Company shall cause the purpose bank through which payment of obtaining funds to the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any Paying Agent will be made to pay, deliver to the Paying Agent by 10:00 a.m. (New York City Time) two Business Days prior to the due date for such payment irrevocable confirmation (by tested telex or authenticated Swift MT 100 Message) of its intention to make such payment. The Company shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying AgentAgent for any series of Securities, it will, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the SecuritiesSecurities of such series and any appurtenant coupons, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium (if any) or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying AgentsAgents for any series of Securities, it will, on at or prior to the opening of business on each due date for the payment of the principal of or premium (of, premium, if any) , or interest on the Securitiesany Securities of such series and any appurtenant coupons, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principal, premium (if any) or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its action or failure so to act. For The Company will cause each Paying Agent other than the purpose of obtaining the satisfaction and discharge of this Indenture or Trustee for any other purpose, the Corporation may at any time pay, or direct any Paying Agent series of Securities to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by the Trustee, the Corporation or such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Paying

Money for Security Payments to be Held in Trust. If the Corporation Company or any of its Subsidiaries shall at any time act as its own the Paying Agent, it will, on or before each due date of a Redemption Date, the principal of Final Payment Date or premium (if any) and interest on the SecuritiesDefault Payment Date, as the case may be, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principalamounts, premium (if any) or interest , so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying AgentsAgents for the Securities, it will, on or prior to each date for before the payment of Final Payment Date, a Redemption Payment Date or the principal of or premium (if any) or interest on Default Payment Date, as the Securitiescase may be, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principalamount, premium (if any) or interest , so becoming due, ; such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andamount, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its such action or any failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, the Corporation or such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.,

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium interest (if anytogether with any Additional Amounts payable thereon) and interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium (if any) principal or interest (together with any Additional Amounts payable thereon) so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying Agents, it will, on or prior to each due date for the payment of the principal of or premium interest (if anytogether with any Additional Amounts payable thereon) or interest on the any Securities, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principal, premium (if any) or interest so becoming duesuch amount, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal or interest (together with any Additional Amounts payable thereon), and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its action or failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section 1003, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying AgentAgent with respect to any series of Securities, it will, on or before each due date of the principal of or premium (and premium, if any) and or interest on any of the SecuritiesSecurities of such series, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York City time on each due date for the payment of the principal of or premium (if any) or interest on the any Securities, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal and premium (if any) or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its action or failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Corporation shall have one or more Company is not acting as Paying AgentsAgent, it the Company will, on or prior to before each due date for the payment of the principal of or premium (of, premium, if any) , or interest on the on, any Securities, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons Holders entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its such action or any failure so to act. For If the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purposeCompany is not acting as Paying Agent, the Corporation may at any time pay, or direct any Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent will agree with the Trustee, subject to the Corporation or provisions of this Section 10.03, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it willshall, on or before each due date of the principal of or premium (and premium, if any, on) and or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying AgentsAgents for the Securities, it will, on or prior to before 11:00 A.M., New York City time, on each due date for the payment of the principal of or premium (and premium, if any) , on), or interest on the on, any Securities, deposit with the a Paying Agents sums Agent a sum sufficient to pay the principalprincipal (and premium, premium (if any) or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium or interest, and (unless such Paying Agent is the Trustee, ) the Corporation will Company shall promptly notify the Trustee of its such action or any failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company shall cause each Paying Agent (other than the Trustee) to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (of, premium, if any) and , or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Corporation Company shall have one or more Paying Agents, it will, no later than the opening of business on or prior to each due date for the payment of the principal of or premium (of, premium, if any) , or interest on the any Securities, deposit with the Paying Agents sums Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium, if any, or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its action or any failure so to act. For the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any The Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will:

Money for Security Payments to be Held in Trust. If the Corporation Company or any of its Affiliates, shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of or premium (premium, if any) and or interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium (premium, if any) , or interest so becoming due until such sum sums shall be paid to such Person Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure to so to act. Whenever If the Corporation shall have one Company or more any of its Affiliates is not acting as Paying AgentsAgent, it the Company will, on or prior to before each due date for the payment of the principal of or premium (of, premium, if any) , or interest on any of the Securities, deposit with the a Paying Agents sums Agent a sum in same day funds sufficient to pay the principal, premium (premium, if any) , or interest so becoming due, such sums sum to be held in trust for the benefit of the Persons entitled to such payments pursuant to the agreement referred to in Section 2.04; andprincipal, premium, if any, or interest, and (unless such Paying Agent is the Trustee, ) the Corporation Company will promptly notify the Trustee of its such action or any failure so to act. For If the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purposeCompany is not acting as Paying Agent, the Corporation may at any time pay, or direct any Company will cause each Paying Agent other than the Trustee to pay, execute and deliver to the Trustee all sums held an instrument in trust by the Corporation or which such Paying Agent, such sums to be held by Agent shall agree with the Trustee, subject to the Corporation or provisions of this Section, that such Paying Agent, as the cast may be, shall be released from all further liability with respect to such money.Agent will: